Property Overview: 38 Montclair Bay

Key Characteristics & Appeal

This home presents a solid, balanced offering in the Waverley Heights neighborhood of Winnipeg. Its primary appeal lies in its established setting and practical proportions. With 1,180 sqft of living space on a 5,979 sqft lot, the property sits comfortably around the average for its immediate street and wider area, suggesting it fits seamlessly into the community without standing out as unusually large or small.

A key, less obvious strength is its build year of 1976. While this era of home may not seem remarkable at first glance, the data reveals it is actually the newest home on its block (ranking in the top 3% on Montclair Bay). This can be a significant advantage, potentially indicating updated foundational systems compared to older neighbors, while still offering the mature landscaping and settled community feel of an established area.

The assessed value of $431k is above the neighborhood average, reflecting its perceived worth in the local market. This home would suit pragmatic buyers looking for a straightforward, move-in-ready property in a mature neighborhood. It’s ideal for those who value being part of a consistent streetscape rather than seeking a standout trophy home, and for owners who appreciate the potential advantages of owning one of the more recently built houses on the block.

Frequently Asked Questions

1. Is this house a good value compared to others on the street?
The home’s assessed value is very close to the street average ($431k vs. $428.2k), suggesting it is priced in line with its direct neighbors. Its value is notably higher than the wider neighborhood and city averages, indicating Montclair Bay is a desirable street within the area.

2. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly smaller than the average for Montclair Bay but is very close to the neighborhood and city averages. It offers a typical suburban yard space for the region.

3. The house was built in 1976. Should I be concerned about its age?
While 1976 is not new, the data shows this is actually the newest house on its block. This relative advantage could mean important components like wiring, plumbing, or insulation are from a more modern standard than many surrounding homes.

4. What does the ranking data actually tell me?
The rankings (e.g., Top 56% for living area) show how this property compares to similar homes in three circles: its street, its neighborhood, and all of Winnipeg. "Around Average" is the most common result here, indicating a property that is typical and well-integrated into its surroundings, which can be a positive for stability and resale.

5. Who would this property not suit?
Buyers seeking a very large or very modern home may find the living space and 1970s-era architecture less appealing. Similarly, those looking for a fixer-upper or a property with significant upside from major renovations might prefer an older home on the same block. This home is best for those who appreciate a balanced, established property.